Energy Transfer Equity LP, a U.S. pipeline company that recently agreed to acquire Williams company, could be putting up for sale gas station and convenience store chain Sunoco, reported Fortune. The potential deal, which has been tipped by three sources familiar with the matter, could be worth over $2 billion. In reports which have not…
Read more7-Eleven endorses e-commerce with locker space expansion
7-Eleven Inc. has once again showed its certitude in e-commerce by expanding the number of online pick-up lockers at its North American stores. In the dispute between shelf space and higher footfall, 7-Eleven has opted for the later with the installation of more lockers. The company has acted on the belief that a larger number…
Read moreScheidt & Bachmann increases profitability of petrol stations by introducing the virtually attended petrol station
Place: UK Client: Harvest Energy Implementation: Scheidt & Bachmann GmbH Initial situation: Today many petrol stations suffer from decreasing profitability due to high operating costs and low sales volumes. In times where costs exceed income operators will close down sites and focus on well selling profitable sites instead. Over the last years this has led…
Read moreGulf Oil to Be Acquired by Private Equity Roll-Up
Gulf Oil to Be Acquired by Private Equity Roll-Up Gulf Oil has been sold. The buyer is ArcLight Capital Partners, which prior to this spring was a little- known but especially well-heeled Boston-based private equity firm with over $12 billion in investments. ArcLight burst onto the scene in February when it outbid Marathon Petroleum and…
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